Web scraping and other alternative data collection practices are already fueling debate over what
constitutes nonpublic information and insider trading — and whether investors can misuse information even when it's public and legally obtained.
You also agree not to disclose or disseminate the Holdings
Information to any third party and to treat the Holdings
Information as
nonpublic and proprietary, and you further acknowledge that the Holdings
Information constitutes a valuable asset of FTI, the Funds and Fund shareholders.